cryptopromisespromises, checked
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Verge

XVG#504 by market cap

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Verge is for private payments. We have not written its record yet, so its promises are not checked. It trades at $0.0027, #488 of all coins by size, 99% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #4 of 19 privacy coins. Nothing to be careful of on the record.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
11 yearson the marketsince 9 October 2014
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3 of 4

  • A real-world jobReal-world purpose: private payments
  • Real backingBacking: trades on Binance
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $44.75M, 7 times smaller than Decred, the biggest coin within reach doing the same thing (Privacy Coins)

No named backer

  • Origin9 October 2014about about 11 yearsTagged Made in USA on CoinGeckovergecurrency.com, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorListed on Binance
  • Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Privacy Coins ($7.28M). To match the leader, Decred ($292.32M), its price would need to rise 553%, to about $0.0177.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges (Binance)
  • No named investor among its tags
  • Only 0 headlines named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#4of 19 privacy coinsthe typical one is worth $7.28M
$44.75Mworth todayprice × coins out
$7.28Mthe typical rival is worthPrivacy Coins
$292.32Mthe leader is worthDecred
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Private payments

21 coins tagged Privacy Coins, worth $29.75B together. #6 of 21 by worth.

Privacy Coins: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Verge$44.75Mthis coin−0.9%no maxno record
  • Decred$292.32M6.5× bigger, +$247.57M−1.1%, gap −0.184% outnone dated
  • Zano$94.48M2.1× bigger, +$49.73M−2.7%, gap −1.8no max51 of 69 delivered
  • Nockchain$87.41M2.0× bigger, +$42.66M−13.1%, gap −12.154% out20 of 30 delivered
  • Pirate Chain$44.6Mabout the same size+0.1%, gap +1.1no maxno record
  • Zclassic$16M2.8× smaller, −$28.75M+241.2%, gap +242.190% outno record
  • Firo$14.36M3.1× smaller, −$30.39M+4.0%, gap +5.089% outno record
  • MinoTari (Tari)$11.33M3.9× smaller, −$33.42M+1.8%, gap +2.7no maxno record
Same job, different how

Privacy Coins: this coin next to Decred, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Verge says
Verge coin started its cryptocurrency journey in 2014, going by the name of DogecoinDark.
Decred says
Decred is a cryptocurrency where coin holders vote on network changes and treasury spending, and development is paid for from the network's own treasury.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Verge coin started its cryptocurrency journey in 2014, going by the name of DogecoinDark. The reason it was created was to create a truly private cryptocurrency.

Problem it says it solves: private payments. 21 coins are working on it and together they are worth $29,751,829,740. This coin is 0% of that.

Where it trades: Binance, HTX, Bitvavo, Biconomy.com, WEEX

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Privacy Coins: this coin next to the group's largest, Decred.

VergeDecred
Years trading12 years11 years
Major exchanges13
Named backers01
Headlines, last month01
Promises deliveredno recordno record

What it says is different: Verge coin started its cryptocurrency journey in 2014, going by the name of DogecoinDark. The reason it was created was to create a truly private cryptocurrency.

It is 15.3% the size of Decred. On the facts above it is behind on major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.0027price of one−0.9% today
99%below its highest ever$0 on 23 December 2017
100%of the supply is out16.52B coins
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The last 7 days

7 days ago: $0.0029now: $0.0027 (−6.9%)

Where today sits against its highest ever price

$0.0027

Highest ever: $0.2619 on 23 December 2017. Today is 1% of that.

100%

of all XVG that will ever exist is already out in public hands: 16.52B coins.

0% (33.05M coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Pays for every use of its network

Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.

  • Every transaction on its network pays a fee in it
$0.0027price of one
×
16.52Bcoins out
=
$44.75Mworth today, #488 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 16.52Bin circulation of 16.55B total. No hard maximum is set, so more can be created.
  • 1%of its all-time high of $0.2619 on 23 December 2017. That is −99.0% from the top.
  • #488by market cap, $44,749,255.
  • 9 October 2014first block, as listed by CoinGecko.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

0headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Nothing in the news this month.

In the news

Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.

The record itself

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy